Teena Myrilla

Maximum Gift Amount 2026. The gift and estate tax exclusion may drop from $14m to $7m by 2026 unless extended. For example, a taxpayer with three children can transfer a total of $54,000 to his or her children every year.

For example, a taxpayer with three children can transfer a total of $54,000 to his or her children every year. Estimates for tax year 2026 vary, but it is expected the amount will be as much as $6.8 million per person.